Trader Liang Qiu: 11.22 Bitcoin/Ethereum Long Position Multiple Verifications, Continue Long After Retracement
Bitcoin/Ethereum has shown relatively good performance in recent days, with a noticeable bullish rally. After successfully taking profits from long positions last night, I mentioned again in the evening video to continue entering long positions on retracements. Following the market's pullback, it rallied again to the levels of 99400 and 3429, indicating a clear bullish trend. I believe those who have followed along during this time will not be disappointed. As the market has risen to this point, many are speculating whether Bitcoin will peak at 100,000. To be honest, bull markets should not have a top, and breaking through 100,000 is within reach. I still remember during last month's National Day holiday, the A-share market was booming, and many told me that the crypto market had no future and that they should invest in stocks. However, today many are telling me that the A-share market still feels the same, and the bull market referred to by the Shanghai uncles has been validated in the crypto market rather than the big A.
Bitcoin/Ethereum daily chart has again broken the previous high, and the trend remains very strong. In the 4-hour cycle, multiple bullish candles have appeared consecutively, indicating strong buying power. On the technical indicators, MACD in the 4-hour cycle shows both DIF and DEA are in the positive territory, and the MACD histogram remains positive, indicating that the current market is in a bullish trend. Additionally, EMA7, EMA30, and EMA120 all show a bullish arrangement, with short-term moving averages above long-term moving averages, further confirming the upward trend.
In terms of operations, continue to enter long positions around 97800 to 98300 for Bitcoin, targeting near 100000; for Ethereum, continue to enter long positions around 3320 to 3350, targeting near 3450. Currently, the market is primarily in a wave pattern, and this message is time-sensitive, with real-time guidance as the main focus. #比特币突破10万? #ETH市场新动向